BusinessJun 7, 2026
SpaceX targets a record $75B IPO at a $1.75 trillion valuation
SpaceX kicked off its roadshow for a June 12 Nasdaq debut under ticker SPCX, pricing 556.6 million shares at $135 to raise about $75 billion — the largest IPO in history. The deal would value the company near $1.75 trillion, above Tesla, even as Morningstar pegs fair value at less than half that.
Why it matters: A successful listing would hand Musk an unrivaled war chest for Starship and Starlink — and set a new ceiling for what a private company can be worth.